Johnston Press - Statement

Part of the debate – in the House of Lords at 6:47 pm on 19th November 2018.

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Photo of Lord Blunkett Lord Blunkett Labour 6:47 pm, 19th November 2018

My Lords, would the Minister acknowledge that the £220 million debt run up by Johnston Press over a number of years was a scandalous mismanagement, which led to its mortgaging the operations, including the work of local journalists, for reasons other than for delivering what we want—and what I am sure the Government would want—in terms of the revitalising of local democracy that we will be talking about? Is it not true that, in picking up the pension entitlement, the Pension Protection Fund will have to use public money once again to bail out what was a scandalous misuse of the resources of Johnston Press over the years?